Florida insurers in freeze until June Florida Gov. Charlie Crist convinced Cabinet members to approve a rule that will prevent property insurers from canceling Florida policies for much of the rest of this year. The emergency rule will freeze insurance …
Study shows Texas economy vulnerable to Cat 3-sized coastal storm A study commissioned by the Independent Insurance Agents of Texas (IIAT) shows that the economy of the entire state of Texas would be severely impacted if a Category 3-type hurricane …
The Corps has been reluctant to close the channel, arguing that it still served navigational needs. Shippers have also lobbied the agency to keep it open. Judge refuses to dismiss Feds, Corps from La. flood suit Residents of the three …
Calif. commissioner to examine broker disclosure, workers’ comp issues California Insurance Commissioner Steve Poizner may have three major priorities for his office — to make his office non-partisan, to fight insurance fraud and to prepare the state for the next …
A return to high hurricane activity in 2007 is likely following the below-average 2006 hurricane season, according to the consortium of experts on insurance, risk management and seasonal climate forecasting led by the Benfield UCL Hazard Research Centre at University …
Royal & Sun management buyout approval expected A state hearing officer recommended that Delaware’s insurance commissioner approve the proposed management buyout and eventual dissolution of Royal & Sun Alliance Insurance Group’s U.S. operations. Insurance Commissioner Matt Denn is expected to …
Risky levees in 27 states could trigger flood insurance mandate The Army Corps of Engineers reported that 122 levees from Rhode Island to California are at risk of failing, potentially affecting thousands of people and requiring millions of dollars in …
Mass. Gov. Patrick replaces commissioner; halts high risk plan Massachusetts Gov. Deval Patrick has taken steps to install his own appointee as insurance commissioner and halted the ongoing implementation of reforms to the state’s auto insurance high risk pool championed …
New insurance commissioner in Tennessee Tennessee Governor Phil Bredesen has named a Nashville attorney, Leslie Shechter Newman, as commissioner of the Department of Commerce and Insurance. She succeeds Paula Flowers, who recently resigned. Newman is a partner with Nashville’s Farmer …
Oklahoma Insurance Com-missioner Kim Holland declared a state of emergency Jan. 16, 2007, following severe winter weather that all 77 counties in the state. According to the commissioner’s office the declaration will allow emergency claims adjusters from other states to …
